STOCKS IN ACTION 14 MARCH
Tata Motors: The company signed an MoU with Tamil Nadu government to set-up vehicle manufacturing facility. This MoU requires investment of Rs 9,000 crore over 5-year period.
Hindustan Aeronautics: The defence ministry signed two contracts with a combined value of Rs 8,073 crore with HAL for acquisition of 34 advanced light helicopters and associated equipment for the Indian Army and the Coast Guard.
КЕС International: The company received new order worth Rs 2,257 crore across various business verticals.
Auto Stocks: The central government has announced a new scheme to promote the adoption of electric mobility in India, ahead of the expiration of a previous scheme that's lasted for five years.
The Electric Mobility Promotion Scheme 2024 has an outlay of Rs 500 crore over four months for electric two-wheelers and three-wheelers.
Rail Vikas Nigam: The company and Salasar JV has received Letter of Award from Madhya Pradesh Power Transmission for construction of transmission lines and associated feeder bays in eastern MP.
Adani Enterprises: Adani ConneX's Hyderabad site gets five-star grading from the British Safety Council.
IIFL Finance: The company approved raising up to Rs 1,500 crore via issue of shares and up to Rs 500 crore via NCDs on a private placement basis.
Vedanta: The company will appeal against the SEBI order directing it to pay Rs 77.6 crore to Cairn
UK before the appropriate forum.
DLF: The company's unit to raised up to Rs 600 crore via NCDs on private placement basis.
Balkrishna Industries: The Income Tax department is conducting search at office premises and manufacturing units since March 11. The company is fully cooperating with the authorities and providing all necessary information and support.
Azad Engineering: The company signed a $35 million, seven year strategic contract with the steam power business of GE Vernova for the supply of high-complex rotating airfoils for nuclear, industrial and thermal power industry.
Sanofi India: The company has approved distribution and promotion agreement with Emcure Pharmaceuticals to distribute cardiovascular products.
PC Jeweller: The State Bank of India has accepted company's proposal for one time settlement of outstanding dues.
Dynamatic Technologies: The company in pact with Deutsche Aircraft to manufacture rear fuselage for regional aircraft D328eco.
South Indian Bank: The bank will not on-board any fresh customers in co-branded credit cards until bank fully complies with regulatory guidelines but will continue to service existing customers holding co-branded credit cards issued by bank.
Federal Bank: The bank has stopped issuance of new co-branded credit cards and will seek regulatory clearance prior to resumption of new issuance. The bank will continue to service existing customers holding co-branded credit cards issued by bank.
Power Mech Projects: The company incorporated a new wholly owned subsidiary by name
PMTS.
Droneacharya Aerial: The company received a service order from Dharma Port Co. to provide
DGCA-certified drone pilot training.
Cyient: The company has signed a multiyear services agreement with Airbus for cabin and cargo engineering.
Cholamandalam Investment: The company purchased land worth Rs 735 crore from DLF IT
Offices Chennai admeasuring 4.67 acres.
L&T Finance: The company issued the clarification that company will continue to offer range of financial products & services under brand name 'L&T Finance'.
Indian Hume Pipe: The company received orders worth Rs 230 crore from Telangana government for water supply and sewerage projects.
Bharat Forge: The company approved the fundraise of Rs 12.5 crore by way of the issuance of NCDs on a private placement basis and an unsecured loan up to Rs 37.5 crore.
RelianceIndustries: to acquire 13.01% stake of Paramount global in Viacom18 for ₹4,286 crore
ITC: block deal ICICI Prudential, GIC, DSP MF among BAT stake sale buyers
@daytradertelugu
Tata Motors: The company signed an MoU with Tamil Nadu government to set-up vehicle manufacturing facility. This MoU requires investment of Rs 9,000 crore over 5-year period.
Hindustan Aeronautics: The defence ministry signed two contracts with a combined value of Rs 8,073 crore with HAL for acquisition of 34 advanced light helicopters and associated equipment for the Indian Army and the Coast Guard.
КЕС International: The company received new order worth Rs 2,257 crore across various business verticals.
Auto Stocks: The central government has announced a new scheme to promote the adoption of electric mobility in India, ahead of the expiration of a previous scheme that's lasted for five years.
The Electric Mobility Promotion Scheme 2024 has an outlay of Rs 500 crore over four months for electric two-wheelers and three-wheelers.
Rail Vikas Nigam: The company and Salasar JV has received Letter of Award from Madhya Pradesh Power Transmission for construction of transmission lines and associated feeder bays in eastern MP.
Adani Enterprises: Adani ConneX's Hyderabad site gets five-star grading from the British Safety Council.
IIFL Finance: The company approved raising up to Rs 1,500 crore via issue of shares and up to Rs 500 crore via NCDs on a private placement basis.
Vedanta: The company will appeal against the SEBI order directing it to pay Rs 77.6 crore to Cairn
UK before the appropriate forum.
DLF: The company's unit to raised up to Rs 600 crore via NCDs on private placement basis.
Balkrishna Industries: The Income Tax department is conducting search at office premises and manufacturing units since March 11. The company is fully cooperating with the authorities and providing all necessary information and support.
Azad Engineering: The company signed a $35 million, seven year strategic contract with the steam power business of GE Vernova for the supply of high-complex rotating airfoils for nuclear, industrial and thermal power industry.
Sanofi India: The company has approved distribution and promotion agreement with Emcure Pharmaceuticals to distribute cardiovascular products.
PC Jeweller: The State Bank of India has accepted company's proposal for one time settlement of outstanding dues.
Dynamatic Technologies: The company in pact with Deutsche Aircraft to manufacture rear fuselage for regional aircraft D328eco.
South Indian Bank: The bank will not on-board any fresh customers in co-branded credit cards until bank fully complies with regulatory guidelines but will continue to service existing customers holding co-branded credit cards issued by bank.
Federal Bank: The bank has stopped issuance of new co-branded credit cards and will seek regulatory clearance prior to resumption of new issuance. The bank will continue to service existing customers holding co-branded credit cards issued by bank.
Power Mech Projects: The company incorporated a new wholly owned subsidiary by name
PMTS.
Droneacharya Aerial: The company received a service order from Dharma Port Co. to provide
DGCA-certified drone pilot training.
Cyient: The company has signed a multiyear services agreement with Airbus for cabin and cargo engineering.
Cholamandalam Investment: The company purchased land worth Rs 735 crore from DLF IT
Offices Chennai admeasuring 4.67 acres.
L&T Finance: The company issued the clarification that company will continue to offer range of financial products & services under brand name 'L&T Finance'.
Indian Hume Pipe: The company received orders worth Rs 230 crore from Telangana government for water supply and sewerage projects.
Bharat Forge: The company approved the fundraise of Rs 12.5 crore by way of the issuance of NCDs on a private placement basis and an unsecured loan up to Rs 37.5 crore.
RelianceIndustries: to acquire 13.01% stake of Paramount global in Viacom18 for ₹4,286 crore
ITC: block deal ICICI Prudential, GIC, DSP MF among BAT stake sale buyers
@daytradertelugu
